Case Study: Rapyd achieves continuous API security testing and faster remediation with Bugcrowd PTaaS and Bug Bounty

Rapyd finds 15 critical vulnerabilities in a year with Bugcrowd

Rapyd, a FinTech company, faced challenges in continuously securing its API-focused business as it grew. They needed specialized security testing and help with assessments during mergers and acquisitions. To address this, they turned to Bugcrowd for Penetration Testing as a Service (PTaaS) and a bug bounty program.

The solution from Bugcrowd involved launching a private and then a public bug bounty program. This partnership yielded outstanding results, with 15 critical and nearly 40 total vulnerabilities discovered. Rapyd's average time to fix vulnerabilities was an impressive 18 days, significantly faster than the industry average of 31 days. Bugcrowd's CrowdMatch technology successfully connected Rapyd with specialized hackers perfect for their specific API testing needs.

Rapyd